Arab Today, arab today creditors begin greek reforms review ahead of strike
Last Updated : GMT 18:56:10
Arab Today, arab today
Arab Today, arab today

Creditors begin Greek reforms review ahead of strike

Arab Today, arab today

Arab Today, arab today Creditors begin Greek reforms review ahead of strike

Many Greeks protested at the government in July
Athens - AFP

Greece's international creditors on Wednesday begin a review of reforms pledged under the country's bailout, a day ahead of a general strike to protest the measures.

Senior representatives of the European Commission, the European Central Bank, the IMF and the European stability fund will begin their round of meetings with Economy Minister Yiorgos Stathakis, his office said.

Greece in July accepted a three-year, 86-billion-euro ($93-billion) EU bailout that saved it from crashing out of the eurozone, but came with strict conditions.

Athens has since adopted a number of unpopular reforms but is now under creditor pressure to facilitate home loan foreclosures.

The Greek government insists on maintaining a safety net for more vulnerable households.

There is also a rift over Greece's mechanism for dealing with bad loans -- an important factor in shoring up the country's beleaguered banks.

Eurozone finance ministers said Monday there had to be an agreement on the issues during this week before unlocking more  bailout funds.

Greek unions have called a general strike Thursday to protest the austerity cuts, the first to be held under the leftist government of Alexis Tsipras.
Trains and ships will be ground to a halt by the strike and over 30 domestic flights will have to be cancelled.

Ministries, local councils and museums will also be shut.

Journalists are also taking part in the 24-hour work stoppage.

The shipping standstill will cause further congestion on Greek Aegean islands, where thousands of refugees continue to arrive from neighbouring Turkey on a daily basis.

Tsipras' decision to accept a third EU bailout conditioned on fresh tax hikes and pay cuts caused a split in his ruling Syriza party over the summer.

Syriza this week called for a "mass participation" in the strike, pledging to continue the struggle against the "anti-social, extreme neoliberal policies" that the leftist government is currently implementing.

Tsipras has called the bailout agreement a "painful compromise" and a "tactical retreat" that enabled the country to avoid bankruptcy and stay in the euro.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today creditors begin greek reforms review ahead of strike Arab Today, arab today creditors begin greek reforms review ahead of strike

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: قضايا ساخنة
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday